search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
CONTENTS


Published by The Financial Times Ltd, Bracken House, 1 Friday Street, London EC4M9BT,


UK Tel: +44 (0)20 7873 3000. Editorial fax: +44 (0)1858 461873.


Staff members can be contacted by dialing +44 (0)20 7775 followed by their extension number


Jacopo Dettoni 4339 jacopo.dettoni@ft.com


Editor Global Markets Editor


Alex Irwin-Hunt 6437 alex.irwinhunt@ft.com


Global Investment Reporter


Seth O’Farrell 6450 seth.ofarrell@ft.com


Production Manager andrew.petrie@ft.com


Elliot Smither 6379 elliot.smither@ft.com


Deputy Production Editor Andrew Petrie


Deputy Production Editor Nic Bunce 4318


nicholas.bunce@ft.com


+44 (0)7756 133220 david.robinson@ft.com


Advertisement Executive


Online Editor David Robinson


Paramjit Virdee 6535 paramjit.virdee@ft.com


Art Director


Sophie Horton 4830 sophie.horton@ft.com


Global Business Director


Adrian Northey 6333 adrian.northey@ft.com


Luke McGreevy +971 (0)4 391 4398 luke.mcgreevy@ft.com


Associate Publisher Managing director, FT Specialist


Matt Fottrell +1 646 771 1992 matt.fotrell@ft.com


B2B Marketing Manager


Lauren Drew 4462 lauren.drew@ft.com


Senior Marketing Executive


Jay Seenundun 6896 jay.seenundun@ft.com


Magazinecustomerservices


CDS Global, Tower House, Lathkill Street, Sovereign Park, Market


Harborough, Leics, UK. LE16 9EF ft@subscription.co.uk


tel: 0845 456 1516 (customer


services) 01858 438417 (overseas), fax: +44 (0)1858 461 873


The Financial Times adheres to a self-regulation regime under the FT Editorial Code of Practice: www.ft.com/editorialcode


Printed by Walstead Group in the UK


Registered Number: 227590 (England and Wales) ISSN: 1476-301X©Financial Times Ltd 2021. FDI is a trade- mark of Financial Times Ltd 2021. “Financial Times”


form of advertising without prior permission in writing fromthe editor. No responsibility for loss occasioned to any person acting or refraining fromacting as a


HEADTOHEAD


and “FT” are registered trademarks and service marks of the Financial Times Ltd. All rights reserved. No part of this publication may be reproduced or used in any


result of material in this publication can be accepted. On any specific matter, reference should be made to an appropriate adviser. Registered Office: Bracken House, 1 Friday Street, London EC4M 9BT, UK


Reprints are available of any fDi Magazine article, with your company logo and contact details inserted if required (minimumorder 100 copies). For details telephone 0207 873 4816.


mental health epidemic and the need for change.


10 11


For one-off copyright licences for reproduction of fDi magazine articles telephone 0207 873 4871. Alternatively, for both services e-mail synd.admin@ft.com


EXECUTIVEDECISION


12 14


4


As international oil companies reassess their


global footprints, opportunities are appearing for local players such as Nigeria’s Heirs Holdings.


COMPANYPROFILE


League of Legends’ popularity has enabled


US-based game developer Riot Games’ global expansion.


fDi weighs up the benefits of California’s Central Coast


and Rochester, NY. VIEWFROMTHEC-SUITE


MindMed chief executive JR Rahn discusses the US


REGULARS 06


GLOBALNEWS


Covid-19 blows $311bn of FDI in 2020; WEF forsees


uneven recovery; China overtakes US as world’s top FDI destination.


agribusiness; The future of free zones in the UAE.


08 09


GLOBALLAWYER


Opportunists chase the mother of all ambulances.


FREEZONES


Pakistan to set up SEZ; Mozambique bets on


DEVELOPMENTSITES


15 16


18 24


Humberside’s Equinor project kick-starts a blue


transition in the north of England. RISINGECOSYSTEMS


Cambridge, Oxford and London hold a unique place


in the world technology. COVER STORY


FOREVERYOUNG? BIOTECH’SNEXTFRONTIER


Investments into the longevity sector is stepping


up, bolstered by the pandemic.


FIGHTINGMODERNSLAVERY WITHDATA


New technologies are helping fight an age-old


problem, but room for improvement remains.


fDiGLOBALCITIESOFTHE FUTURE2021/22


the Future ranking. BEYOND20


26 smart thing to do. 40


‘WHEREAPERSONLIVES SHOULDN’TDETERMINE WHETHERTHEYLIVE’


An even rollout of the vaccine is the right and the


Singapore confirms its top spot in fDi’s Global Cities of


‘science diplomacy’. 42


UNCERTAINTIESOF RECOVERYREINFORCEA DUALSTRATEGY


‘WILLPEOPLESTART TRAVELLINGTHEWAYTHEY USEDTO?IDOUBTIT’


pivoting his hospitality businesses.


BITCOINISASOLUTION TOAVERYREALPROBLEM


there will be for renewable energy. AGRIBUSINESS


44 46 48


with Singapore blazing the trail. 90


THINKTANK HOWREFUGEES FOSTER FOREIGN INVESTMENT


difficult situations. 92


Refugees have become adept at rising above


LAB-GROWNMEATJUMPS FROMPETRIDISHTOPLATE


Cellular agriculture is entering the mainstream


The more its value rises, the more economic incentive


Nepalese billionaire Binod Chaudhary discusses


Nothing short of the future of capitalism is up for grabs.


THEG7NEEDSAN‘R&D7’TO BEATCHINA


The time has come for the G7 to move beyond


COVER STORY 18


www.fDiIntelligence.com February/March 2021


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96